SBA Loans for Insurance Agencies and Brokerages in Tennessee: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in Tennessee. Based on historical SBA 7(a) lending data.
Total Approvals
17
in Tennessee
Median Loan Size
$205,000
per approval
Recent Activity
3
last 90 days through Nov 2025
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 17 approvals on record and a median loan size of $205,000.
Key trends & insights
- Insurance Agencies and Brokerages in Tennessee lending is concentrated — U.s. Bank, National Association, Byline Bank, Live OAK Banking Company together account for 65% of all approvals. If you're in this industry, these are your highest-probability lenders.
- U.s. Bank, National Association leads this industry with 4 approvals (24% market share) and a median loan of $157,750.
- Insurance Agencies and Brokerages in Tennessee loans skew smaller than the SBA average at $205,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Insurance Agencies and Brokerages in Tennessee
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $157,750 | |
| 2 | 4 | $365,000 | |
| 3 | 3 | $900,000 | |
| 4 | 2 | $347,650 | |
| 5 | 1 | $100,000 | |
| 6 | 1 | $150,000 | |
| 7 | 1 | $200,000 | |
| 8 | 1 | $110,000 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Tennessee
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | Byline Bank | DAW*****LLC | CLEVELAND, TN | $100,000 |
| 2025-11 | Byline Bank | DAW*****LLC | CLEVELAND, TN | $205,000 |
| 2025-11 | Byline Bank | DAW*****LLC | CLEVELAND, TN | $525,000 |
| 2025-05 | Live Oak Banking Company | Pil*****LLC | CORDOVA, TN | $1,979,000 |
| 2025-05 | Live Oak Banking Company | Pil*****LLC | CORDOVA, TN | $150,000 |
| 2025-03 | Regions Bank | Mur*****LLC | MURFREESBORO, TN | $395,300 |
| 2025-03 | Regions Bank | Mur*****LLC | MURFREESBORO, TN | $300,000 |
| 2024-08 | U.S. Bank, National Association | Han****mer | TULLAHOMA, TN | $333,000 |
| 2024-08 | Byline Bank | T&S*****LLC | SPRING HILL, TN | $1,100,000 |
| 2024-07 | 22nd State Bank, A Division of 22nd State Banking Company | Mat*****ncy | Franklin, TN | $295,000 |
| 2024-02 | Capital Bank, National Association | Ant*****own | Columbia, TN | $300,000 |
| 2024-01 | Newtek Bank, National Association | Eli*****LLC | Chattanooga, TN | $150,000 |
| 2023-08 | Lincoln Savings Bank | Tra*****LLC | KNOXVILLE, TN | $354,000 |
| 2023-01 | Bank of America, National Association | Fin*****LLC | HIXSON, TN | $200,000 |
| 2022-07 | U.S. Bank, National Association | NIC*****CKS | DECHERD, TN | $22,000 |
| 2022-06 | U.S. Bank, National Association | CLA*****NCE | SPRINGFIELD, TN | $293,500 |
| 2022-01 | U.S. Bank, National Association | PAU*****NCY | KNOXVILLE, TN | $15,000 |
| 2021-12 | Republic Bank & Trust Company | And*****LLC | NASHVILLE, TN | $100,000 |
| 2020-11 | Live Oak Banking Company | J.M*****nc. | LEBANON, TN | $900,000 |
| 2020-02 | Capital Bank, National Association | Ram*****LLC | Murfreesboro, TN | $110,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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